« Return to Thread: Forbes - Money supply growth in the UK running at 12.8% YoY

Re: Forbes - Money supply growth in the UK running at 12.8% YoY

by Tsar Bomba :: Rate this Message:

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The supply and demand theory is a bit of a red herring I'm afraid

Yes, there is a shortage of housing

But it's the availability of cheap credit, oodles of money created out of thin air by the banking industry that has mainly fuelled house price inflation.

It will end.....just as it is in the USA right now

 « Return to Thread: Forbes - Money supply growth in the UK running at 12.8% YoY